Use the following financial statements of Heifer Sports Inc. in Table 14.14 to find Heifer's: a. Inventory turnover ratio in 2012.

b. Debt/equity ratio in 2012.

c. Cash flow from operating activities in 2012.

d. Average collection period.

e. Asset turnover ratio.

f. Interest coverage ratio.

g. Operating profit margin.

h. Return on equity.

i. P/E ratio.

j. Compound leverage ratio.

k. Net cash provided by operating activities.

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Income Statement 2012 $5,500,000 Sales 2,850,000 Cost of goods sold Depreciation Selling & administrative expenses EBIT 280,000 1,500,000 870,000 130,000 Interest expense Taxable income 740,000 Тахes 330,000 $ 410,000 Net income Balance Sheet, year-end 2012 2011 Assets $ 50,000 660,000 $ 40,000 690,000 Cash Accounts receivable Inventory 490,000 480,000 $1,200,000 $1,210,000 Total current assets Fixed assets 3,100,000 2,800,000 $4,300,000 $4,010,000 Total assets Liabilities and shareholders' equity $ 340,000 480,000 $ 820,000 2,520,000 $3,340,000 $ 450,000 550,000 Accounts payable Short-term debt Total current liabilities $1,000,000 Long-term bonds 2,200,000 Total liabilities $3,200,000 $ 310,000 500,000 Common stock $ 310,000 650,000 $ 960,000 Retained earnings Total shareholders' equity 810,000 Total liabilities and shareholders' equity $4,300,000 $4,010,000